Ray Jender
Non-Recourse Mortgages With 2nd Mortgage
We will be walking away from our property in Arizona that is under water by at least $50K. I don't think it will ever recover.We bought in 2005 (of course at the peak of the RE boom) using an 80/20. The 20 went all t...
Anurag D.
Newbie: Learn Land purchase process
Hello,
I have moderate experience in investment residential rental properties process, and wish to learn more about LAND PURCHASE PROCESS - completely new area to me.
Please assist if there is any reference, book,...
Mary S.
Multifamily: What Information do I need before closing?
Hi all,I am buying a six-unit multi-family and I was wondering if anyone has a checklist or a suggestions of information to get before closing from the seller, like phone numbers of tenants, which utility providers th...
Alex Liu
Replace all the pipes or repair the defected parts?
Hello, I'm going to sell my property in King County WA. I'm doing some major repairs the house and planning to sell it in couple months. One thing I'm not sure about is the pipes. Since I'm going to sell it, just wond...
Andrew Whicker
Zoning / Condo rentals (AirBnb / VRBO)
Hi,I'm looking at a Mother in Law and my thought is to rent it as an AirBnb / VRBO property. It is zoned as a SF residence. Question:Does zoning have an effect on renting it like this? I'll be living in the house f...
Randall Re II
Seller lied on disclosure
Hey everyone. I bought my first property. I close in a few days and my insurance company pulled up the property that had water damage on two separate incidents and currently, both are open insurance claims. The seller...
Elliott Kim
First-time Chicago multifamily in contract - Close or Pass?
Hello BiggerPockets,After about half a year of learning and searching for my first investment property, I've finally found a property which I plan to “house-hack”. We are in contract now and the inspection period ends...
Tina S.
does it matter where your electric panel box is?
I'm updating a 1950s 2/1 900SF home in South Carolina. The electrician suggests upgrading to a 200 electrical service entry with through the roof mast and relocate existing circuits into a single EXTERIOR 40-space 200...
Asish Balu
Baltimore's declining population and cash flow.
I'm currently searching for my first investment property in Baltimore City. Since the area is declining in population, won't this eventually cause real estate prices to fall?If I invest for cash flow in class B neighb...
Mindy Jensen
Disclose Past-But-Fixed Water Issues?
A friend and neighbor is considering moving. I would list her house.She has a desirable home - .75 acre lot in an area where .1 is huge. The problem is that I think the house was built on top of an underground lake. I...